Capital Maintenance Planning Common Framework: Review of Current Practice
Price: £250
Ref: 05/RG/05/14
ISBN: 1 84057 395 3
The Capital Maintenance Planning Common Framework (CMPCF) has formed the basis for Companies’ capital maintenance submissions at the 2004 Periodic Review (PR04) and is currently being adopted as part of business-as-usual Company processes.
The effectiveness of the CMPCF is reviewed from the perspectives of Companies and Regulators in the context of PR04 and future requirements for capital maintenance planning. Successful analytical approaches used at PR04 are identified, together with areas where further guidance or research may be beneficial. The processes involved in the application of the CMPCF by Companies and the assessment of Company submissions by Ofwat are examined and recommendations made for improvement.
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